Litman Gregory Correlations

MASNX Fund

USD 10.87 0.02 0.18%

The current 90-days correlation between Litman Gregory Masters and Litman Gregory Masters is -0.3 (i.e., Very good diversification). The correlation of Litman Gregory is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Litman Gregory Correlation With Market

Weak diversification

The correlation between Litman Gregory Masters and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Litman Gregory Masters and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Litman Gregory Masters. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Litman Mutual Fund

0.72	MASFX	Litman Gregory Masters	Pair Corr
0.71	MSEFX	Litman Gregory Masters	Pair Corr
0.62	BIMBX	Blackrock Alternative	Pair Corr
0.62	BAMBX	Blackrock Alternative	Pair Corr
0.73	GARTX	Goldman Sachs Absolute	Pair Corr
0.66	GCRTX	Goldman Sachs Absolute	Pair Corr
0.77	MRTBX	Massmutual Retiresmart	Pair Corr
0.66	PGAIX	Pimco Global Multi	Pair Corr

Related Correlations Analysis

	MASFX	AQMNX	BPRRX	ARTGX	ARBFX
MASFX		0.57	0.31	0.54	0.09	MASFX
AQMNX	0.57		0.46	0.04	-0.09	AQMNX
BPRRX	0.31	0.46		0.3	0.53	BPRRX
ARTGX	0.54	0.04	0.3		0.33	ARTGX
ARBFX	0.09	-0.09	0.53	0.33		ARBFX
	MASFX	AQMNX	BPRRX	ARTGX	ARBFX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

AQMNX	+ 0.57	MASFX
ARTGX	+ 0.54	MASFX
ARBFX	+ 0.53	BPRRX
BPRRX	+ 0.46	AQMNX
ARBFX	+ 0.33	ARTGX
BPRRX	+ 0.31	MASFX

High negative correlations

ARBFX

- 0.09

AQMNX

Risk-Adjusted Indicators

There is a big difference between Litman Mutual Fund performing well and Litman Gregory Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Litman Gregory's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MASFX	0.18	0.00	(0.29)	0.16	0.26	(0.21)	0.28	(0.37)	2.85
AQMNX	0.41	0.02	(0.10)	0.18	0.54	(0.41)	0.84	(0.82)	2.79
BPRRX	0.30	0.04	(0.22)	0.61	0.13	(0.41)	0.75	(0.41)	2.59
ARTGX	0.51	(0.06)	0.00	(0.74)	0.00	0.00	0.89	(0.79)	2.64
ARBFX	0.15	(0.01)	(0.43)	0.03	0.16	(0.18)	0.23	(0.31)	1.38

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